Sealed Expert
ActiveSummary
The computed 12-month bankruptcy probability of Sealed Expert is 1.9% (moderate). The 2025 annual accounts show equity of €213k and a net result of €47k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 27% of 7777 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+3
Solvency51▲+7
Growth52=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.02 in 2024; short-term debt: 57.4% and cash: 1.9% of total assets), and 74.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.7%
Return on assets
5.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-05-2026, 65 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
65 d early
2024
28 d early
2023
85 d late
2022
60 d late
2021
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€213k▲ 28.5%
2024 · €166k
2021: €128k
2022: €138k
2023: €229k
2024: €166k
2021 → 2025
Total assets
€830k▼ 3.5%
2024 · €860k
2021: €305k
2022: €542k
2023: €973k
2024: €860k
2021 → 2025
Net result
€47k▲ 52.6%
2024 · €31k
2021: €122k
2022: €11k
2023: €91k
2024: €31k
2021 → 2025
Working capital
€155k▲ 1,010%
2024 · €14k
2021: €119k
2022: €129k
2023: €133k
2024: €14k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€128k-€138k▲ 8.3%€229k▲ 65.4%€166k▼ 27.5%€213k▲ 28.5%
Operating result€163k-€14k▼ 91.6%€136k▲ 891%€70k▼ 48.6%€89k▲ 27.7%
Net result€122k-€11k▼ 91.3%€91k▲ 756%€31k▼ 65.8%€47k▲ 52.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 28% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €830k
Fixed assets
€199k ▼ 27.5%
Current assets
€631k ▲ 7.7%
Equity and liabilities €830k
Equity
€213k ▲ 28.5%
Debt
€616k ▼ 11.2%
Debt's share of the balance-sheet total falls from 80.7% to 74.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€171k▲
2024 · €144k
Cash flow
€129k▲
2024 · €105k
Current ratio
1.33▲
2024 · 1.02
Quick ratio
1.08▲
2024 · 0.80
Debt to equity
2.89▼
2024 · 4.18
ROE
22.2%▲
2024 · 18.7%
ROA
5.7%▲
2024 · 3.6%
Interest coverage
7.85▲
2024 · 6.79
Debt ≤ 1 year
€476k▼
2024 · €571k
Debt > 1 year
€140k▲
2024 · €123k
Income taxes
€21k▲
2024 · €18k
Staff costs
€8k▼
2024 · €52k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€860k€830k▼
Fixed assets21/28€275k€199k▼
Intangible fixed assets21€12k€0▼
Tangible fixed assets22/27€261k€197k▼
Plant, machinery and equipment23€52k€49k▼
Furniture and vehicles24€202k€143k▼
Other tangible fixed assets26€7k€5k▼
Financial fixed assets28€2k€2k=
Current assets29/58€585k€631k▲
Stocks and contracts in progress3€126k€119k▼
Stocks30/36€104k€76k▼
Contracts in progress37€22k€42k▲
Amounts receivable within one year40/41€429k€486k▲
Trade receivables40€343k€417k▲
Other amounts receivable41€86k€69k▼
Current investments50/53-€2
Cash at bank and in hand54/58€14k€16k▲
Deferred charges and accrued income490/1€16k€11k▼
Equity and liabilities
Total equity and liabilities10/49€860k€830k▼
Equity10/15€166k€213k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€160k€207k▲
Amounts payable17/49€694k€616k▼
Amounts payable after more than one year17€123k€140k▲
Financial debts170/4€123k€140k▲
Amounts payable within one year42/48€571k€476k▼
Current portion of amounts payable after more than one year42€53k€57k▲
Financial debts43€132k€153k▲
Credit institutions430/8€132k€153k▲
Trade debts44€285k€202k▼
Suppliers440/4€285k€202k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€58k€39k▼
Taxes450/3€58k€39k▼
Other amounts payable47/48€43k€25k▼
Income statement
Code20242025
Non-recurring operating income76A-€10k
Remuneration, social security and pensions62€52k€8k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74k€81k▲
Other operating charges640/8€6k€7k▲
Gross operating margin9900€202k€186k▼
Operating profit (loss)9901€70k€89k▲
Financial income75/76B€354€1k▲
Recurring financial income75€354€1k▲
Financial charges65/66B€21k€22k▲
Recurring financial charges65€21k€22k▲
Profit (loss) for the period before taxes9903€49k€69k▲
Income taxes67/77€18k€21k▲
Profit (loss) for the period9904€31k€47k▲
Profit (loss) for the period to be appropriated9905€31k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€254k€207k▼
Profit (loss) brought forward from the previous period14P€223k€160k▼
Profit to be distributed694/7€94k€0▼
Return on contributions (dividend)694€94k€0▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €200kEq €213k ▲28.5%
5 profitable years in a row build equity to €213k.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 85 days late
2023
31-12
Financial
Equity above €200kEq €229k ▲65.4%
3 profitable years in a row build equity to €229k.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Weakest financial yearnet €11k ▼91.3%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Perstraat(HSD) 1099120 Beveren-Kruibeke-ZwijndrechtGround area
6,807 m²
Building footprint
166 m²
Volume, LiDAR
744 m³
Parcel 46009C0272/00F000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sealed Expert
since 20202.308.912.180
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46009C0272/00F000 | Flanders | 6,807 m² | 1 · 166 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 688 EUR awarded · 689 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 179 EUR |
| 2022 | 1 | 688 EUR | 510 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 4,271 companies in sector 43230 we hold annual accounts for 1,241. 963 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43230Insulation installation
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.